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STATEMENT OF CONSOLIDATED INCOME - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Oct. 31, 2021
Nov. 01, 2020
Nov. 03, 2019
Net Sales and Revenues      
Net sales and revenues $ 44,024 $ 35,540 $ 39,258
Costs and Expenses      
Research and development expenses 1,587 1,644 1,783
Selling, administrative and general expenses 3,383 3,477 3,551
Interest expense 993 1,247 1,466
Total 36,422 31,657 35,170
Income of Consolidated Group before Income Taxes 7,602 3,883 4,088
Provision for income taxes 1,658 1,082 852
Income of Consolidated Group 5,944 2,801 3,236
Equity in income (loss) of unconsolidated affiliates 21 (48) 21
Net Income 5,965 2,753 3,257
Less: Net income attributable to noncontrolling interests 2 2 4
Net Income Attributable to Deere & Company $ 5,963 $ 2,751 $ 3,253
Per Share Data      
Basic (in dollars per share) $ 19.14 $ 8.77 $ 10.28
Diluted (in dollars per share) 18.99 8.69 10.15
Dividends declared (in dollars per share) $ 3.61 $ 3.04 $ 3.04
Average Shares Outstanding      
Basic (in shares) 311.6 313.5 316.5
Diluted (in shares) 314.0 316.6 320.6
Net Sales      
Net Sales and Revenues      
Net sales and revenues $ 39,737 $ 31,272 $ 34,886
Costs and Expenses      
Costs and expenses 29,116 23,677 26,792
Finance and Interest Income      
Net Sales and Revenues      
Net sales and revenues 3,296 3,450 3,493
Other      
Net Sales and Revenues      
Net sales and revenues 991 818 879
Costs and Expenses      
Costs and expenses $ 1,343 $ 1,612 $ 1,578